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The Relationship between Inflation and Inflation Uncertainty in the UK: 1885-1998
(National University of Ireland, Galway, 2000)
Using a long series of UK inflation data, I have provided strong evidence in favour of the hypothesis that inflationary periods are associated with high inflation uncertainty. This result supports the Friedman-Ball hypothesis ...
A GARCH Model of Inflation and Inflation Uncertainty with Simultaneous Feedback
(National University of Ireland, Galway, 2000)
We examine the relationship between inflation and inflation uncertainty using a GARCH model that allows for simultaneous feedback between the conditional mean and variance of inflation. We also derive a number of theoretical ...
Many-valued judgment aggregation: characteriing the possibility/impossibility boundary for an important class of agendas
(National University of Ireland, Galway, 2009-11)
A general model of judgment aggregation is presented in which judgments on propositions are not binary but come in degrees. The primitives of the model are a set of propositions, an entailment relation, and a "triangular ...
Proximity by Numbers
(National University of Ireland, Galway, 2009-11)
Imagine that everyone in a group chooses a real number and then these numbers are combined to produce a group number. Suppose that when everyone moves strictly closer to some individual¿s number, the group number either ...
Does the Exchange Rate Regime Affect Export Volumes? Evidence from Bilateral Exports in the US-UK trade: 1900-1998
(National University of Ireland, Galway, 2000)
By utilizing the techniques of multivariate cointegration and error correction models, we investigate the impact of the different exchange-rate regimes that spanned the 20th century on the bilateral exports between the UK ...
On the Axiomatic Ranking of Opportunity Sets in a Logical framework
(National University of Ireland, Galway, 2000)
The paper presents an axiomatic analysis of opportunity ranking within a logical framework. It establishes that any opportunity or freedom ranking is completely determined by a subjacent logical chain that is interpreted ...
Tax, transition, and the State: the Case of Russia
(National University of Ireland, Galway, 2001)
The article sets out to assess the problems of taxation in Russia in the context of the Russian state, its relationship with the enterprise sector and the transition from plan to market. In this paper, we argue that Russia
Inflation, Inflation Uncertainty, and a Common European Monetary Policy
(National University of Ireland, Galway, 2001)
The relationship between inflation and inflation uncertainty is investigated in six European Union countries for the period 1960 to 1999. EGARCH models are used to generate a measure of inflation uncertainty and then Granger ...
Inflation and Output Growth Uncertainty and their Relationship with Inflation and Output Growth
(National University of Ireland, Galway, 2001)
Using a bivariate GARCH model of inflation and output growth we find evidence that higher inflation and more inflation uncertainty lead to lower output growth in the Japanese economy. These results support the argument of ...
Willingness-To-Pay and Consumer Versus Citizen Values: Evidence from Ireland
(National University of Ireland, Galway, 2007)
Environmental decision-making compares market and non-market outputs, often in terms of willingness to pay. In addition to personal, private `consumer¿ preferences, individuals may adopt a citizen perspective, judging ...